War veterans face paying up to £700,000 out of their own pockets to unveil the Bomber Command Memorial because the Government is refusing to stump up the cash.

The pensioners, who are trustees of the Bomber Command Association, will be personally liable for the cost of staging the event if they fail to raise the money through donations.

The charity has spent five years raising £6.5million to build the new memorial.

Honouring the fallen: An artist's impression of the Bomber Command Memorial, which is being unveiled on Thursday

'Disgusting': The RAF Bomber Command Memorial under construction in Green park. War veterans have been told they face a £700,000 bill for staging its official opening after the MoD sais it would not cover the costs

However they still have to find £700,000 to provide seating and security for the event on Thursday, which will be attended by ten members of the Royal Family including the Queen.

The monument, in London’s Green Park, will commemorate the 55,573 Bomber Command airmen who died in the Second World War.

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It has already proved controversial after it emerged that more than 100 veterans could miss out on the unveiling because of a lack of space.

Earlier this month, David Cameron gave the trustees hope when he told MPs the Government had ‘the ability to intervene’ if funds were not raised in time.

Tribute: RAF Bomber Command personnel in World War Two. The memorial will commemorate the 55,573 airmen who died during the conflict

But now the trustees, who include four Bomber Command veterans, have been told the Ministry of Defence will not help.

Jim Dooley, chairman of the memorial’s fund-raising committee, said the veterans were still £500,000 short.

‘The MoD response to this has been disgusting,’ he said. ‘The unveiling has become a state occasion, yet we are getting no help from the state.’

Trustee and veteran Harry Irons, 88, from Romford, Essex, said: ‘If we can’t get the £500,000 I will probably lose my house. I haven’t got much else.’

Full backing: The Mail's campaign for RAF Bomber Command

The memorial was built with private donations, but the bill for its unveiling has risen because the 6,500 widows and veterans face security checks before they can enter Green Park.

The Department for Culture, Media and Sport said it would ‘make a contribution’ but would not say how much.

The MoD said it was not allowed to give to charities, despite records showing it has donated to 28 charitable bodies in the past five years.

A Government spokesman said: 'The Government does not usually support opening ceremonies for public memorials.

'However, given the unique circumstances of the Bomber Command Memorial, an exception has been made in this case.

'The Government will make a contribution towards the opening ceremony to help cover the additional costs of seating and security for the many veterans wish to see the unveiling of this important memorial.

'This is in addition to £1million that the Government has already contributed towards the VAT costs of the construction of the memorial.'

Andrew Robathan, Minister for Defence Personnel, Welfare and Veterans, said: 'The MoD has worked very closely with the excellent people of the Bomber Command Association to ensure a successful unveiling of the memorial.

'We are delighted that a significant number of RAF personnel will be involved in the event, providing a flypast by five Tornado aircraft and a Lancaster Bomber from the Battle of Britain Memorial Flight; ceremonial elements by The Queens’ Colour Squadron, University Air Squadrons and the Central Band of the RAF; along with ushers, hosts and catering services.'